RSWM Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling mandatory regulatory requirements under SEBI regulations. The textile company filed the certificate for the quarter ended 31st March, 2026, demonstrating adherence to depositories and participants regulations.

Regulatory Compliance Details

The certificate was issued under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. MCS Share Transfer Agent Limited, serving as the company's registrar and share transfer agent, provided the certification confirming compliance with dematerialization requirements for the specified quarter.

Certificate Confirmation

The certification confirms that within 15 days of receipt of securities for dematerialization:

• Securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed
• Certificates have been duly verified, mutilated and cancelled after verification
• The depository name has been substituted in records as the registered owner

Stock Exchange Submission

The certificate was simultaneously submitted to both major Indian stock exchanges. BSE Limited received the filing under scrip code 500350, while National Stock Exchange of India Limited received it under scrip code RSWM.

Company Leadership

Surender Gupta, Sr. Vice President – Legal & Company Secretary (FCS - 2615), signed the submission on behalf of RSWM Limited. The filing represents part of the company's ongoing regulatory compliance obligations as a publicly listed entity.

This quarterly certification process ensures transparency in the dematerialization of securities and maintains investor confidence in the company's adherence to regulatory frameworks governing depositories and participants in the Indian capital markets.

RSWM Limited has received a significant arbitration award addressing two key financial matters with LNJ Power Venture Limited. The company disclosed the award under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlighting important developments in ongoing commercial disputes.

Arbitration Award Details

The Arbitral Tribunal delivered its award on April 1, 2026, covering two distinct matters between RSWM and LNJ Power Venture Limited. The award addresses both electricity power charges under a power purchase agreement and interest receivable on Compulsory Convertible Debentures (CCDs).

Power Purchase Agreement Settlement

The tribunal has awarded RSWM Rs. 17,67,58,854/- (Rupees Seventeen Crores Sixty-Seven Lakhs Fifty-Eight Thousand Eight Hundred and Fifty-Four only) with interest at 15% for withheld electricity charges payable to LNJ Power Ventures Limited under the power purchase agreement. The company has indicated that provisions for this liability have already been made in its books of account, suggesting no additional impact on profitability.

Compulsory Convertible Debentures Matter

Regarding the second matter, the Arbitral Tribunal ruled that interest on Compulsory Convertible Debentures (CCDs) is not payable by LNJ Power Venture Limited to RSWM until conditions precedent to the payment are satisfied. The outstanding interest receivable by the company on the CCDs is estimated at around Rs. 29 crores as of March 31, 2026.

Company's Response and Next Steps

RSWM Limited has stated that it is undertaking a detailed legal evaluation of the awards and is exploring appropriate legal options. The company has made the disclosure information available on its website at www.rswm.in as part of its regulatory compliance requirements.

The arbitration award represents a mixed outcome for RSWM, with the company securing payment for electricity charges while facing challenges regarding CCD interest recovery. The financial impact appears manageable given the existing provisions in the company's books for the power purchase agreement matter.